(Add comment, US markets close) * U.S. producer prices rise in November * Rate hike worries keep Wall Street under wraps * Crude prices set for 10% weekly loss By Herbert Lash and Carolyn Cohn NEW YORK/LONDON, Dec 9 (Reuters) – Treasury yields rose and Wall Street stocks fell on Friday after U.S. producer price …
GLOBAL MARKETS – Stocks fall, yields rise as inflation data sends mixed signals Read More »
Bitcoin BTC and cryptocurrencies are still reeling from the sudden collapse of crypto exchange FTX last month (even the biggest bitcoin price bulls suddenly reverse their forecasts). Subscribe Now to Forbes CryptoAsset & Blockchain Advisor and successfully navigate the latest bitcoin and crypto market crash The price of bitcoin has bottomed out at around $17,000 …
This week in parts. Illustration by Mitchell Preffer for Decrypt. If last week was a mixed bag flatness for the largest parts, this week offered the first real signs of gains from the disaster of FTX spiraling into bankruptcy. Bitcoin (BTC) has risen 2.7% in the past seven days and is currently trading at around …
Northvolt, Europe’s great hope in the global battery wars, started life as a continent-centric start-up. From now on, the Swedish group, supported by Volkswagen, BMW and Goldman Sachs, is turning to the United States to develop its production. The reason for the pivot is the Inflation Reduction Act (IRA). Landmark U.S. green technology legislation, signed …
European industry pivots to US as Biden grant sends ‘dangerous signal’ Read More »
